Our History
The Rivers State Microfinance Agency, locally referred by its abbreviation RIMA, is a government body providing a range of services including financial, business and social support to institutions such as microfinance banks and entrepreneurs who lack access to adequate income in Rivers State. The agency was formed with the enactment of the Microfinance Agency Law No. 6 of 2008 by the Rivers State House of Assembly.
The agency’s primary purpose is to create employment and reduce poverty. Among its objectives are “developing human capacity and instituting a sustainable framework of reaching out to the active poor.”
RIMA has delivered 388 million in micro-loans to about 884 beneficiaries across the state’s 23 local government areas through its partnership with microfinance banks. In 2010, RIMA underwent a restructuring process which was aimed at improving its overall performance
OUR CORE VALUES
RIMA'S Core Values is Simply Defined By The Acronym “SCRIPT”
S - Service Oriented: we deliver excellence.
C - Client Focus: we exceed client expectation, we protect and respect our clients.
R - Result Oriented: we are focused on achieving results, we are target-driven.
I - Integrity: we believe in Honesty, Fairness, Transparency and Sincerity.
P - Professionalism: we adhere to the ethics of the trade, we are skillful and knowledgeable.
T - Team spirit: we work together with a sincerity of purpose.
VISION OF RIMA
A World class leading Microfinance
service provider in Africa
MISSION OF RIMA
Fostering wealth creation,
bottom up